Condensed Consolidated Statements of Cash Flows $ in Thousands	6 Months Ended
	Jun. 30, 2020 USD ($)	Jun. 30, 2019 USD ($)
Cash flows from operating activities:
Net income (loss)	$ (59,121)	$ 196,454
Net cash used in operating activities	(150,839)	(1,291,312)
Cash flows from investing activities:
Net cash used in investing activities	(43,924)	(5,653)
Allocable to non-controlling interests in Consolidated Funds:
Net cash provided by financing activities	962,230	1,445,125
Effect of exchange rate changes	(15,811)	(11,187)
Net change in cash and cash equivalents	751,656	136,973
Cash and cash equivalents, beginning of period	138,384
Cash and cash equivalents, end of period	890,040	247,220
Consolidated Funds
Cash flows from operating activities:
Adjustments to reconcile net income (loss) to net cash used in operating activities	(496,873)	(1,360,106)
Cash flows due to changes in operating assets and liabilities	161,345	(162,950)
Allocable to non-controlling interests in Consolidated Funds:
Contributions from non-controlling interests in Consolidated Funds	123,695	115,499
Distributions to non-controlling interests in Consolidated Funds	(150,329)	(30,955)
Borrowings under loan obligations by Consolidated Funds	608,355	1,934,087
Repayments under loan obligations by Consolidated Funds	(87,689)	(528,955)
Cash and cash equivalents	258,400
Ares Management L.P
Cash flows from operating activities:
Adjustments to reconcile net income (loss) to net cash used in operating activities	128,836	48,114
Cash flows due to changes in operating assets and liabilities	114,974	(12,824)
Cash flows from investing activities:
Purchase of furniture, equipment and leasehold improvements, net	(8,080)	(5,653)
Acquisitions	(35,844)	0
Cash flows from financing activities:
Net proceeds from issuance of Class A common stock	383,154	0
Proceeds from credit facility	790,000	235,000
Proceeds from senior notes	399,084	0
Repayments of credit facility	(860,000)	(150,000)
Dividends and distributions	(224,407)	(152,364)
Series A Preferred Stock dividends	(10,850)	(10,850)
Repurchases of Class A common stock	0	(10,449)
Stock option exercises	67,441	78,794
Taxes paid related to net share settlement of equity awards	(74,335)	(31,424)
Other financing activities	(1,889)	(3,258)
Allocable to non-controlling interests in Consolidated Funds:
Cash and cash equivalents, beginning of period	138,384	110,247
Cash and cash equivalents, end of period	890,040	$ 247,220
Cash and cash equivalents	$ 890,040